Adagio
- Company typePrivate
- Founded2007
- HeadquartersParis, France
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
Adagio firmographics
Firmographics- Name
- Adagio
- Legal name
- Adagio
- Website
- https://adagio-city.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Adagio industry classification
Industry- Product category
- Aparthotel Services
- NAICS
- Traveler Accommodation (7211), Other Traveler Accommodation (72119), All Other Traveler Accommodation (721199)
- SIC
- Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)
- akta.pro primary industry
- Serviced Apartments & Aparthotels (THAGAEAB)
- akta.pro secondary industries
- Serviced Extended-Stay Apartments & Aparthotels (THAMAFAC), Aparthotels (hotel-branded apartment stays) (THAMACAB), Multi-Unit STR / Aparthotel Management (BPAJAIAC)
Keywords
Where Adagio is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices7 records
Markets served
Adagio business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Accommodation Revenue: Room and apartment rental revenue from nightly, weekly, and monthly stays across aparthotel network. Pricing follows degressive model where longer stays receive lower per-night rates. Revenue generated from studio, one-bedroom, and two-bedroom apartment categories.
- Ancillary Services: Additional revenue from breakfast services (La Manufacture Gourmande), 24/7 shop offerings, optional services such as child care, laundry, and parking. Upsell opportunities through early check-in/late check-out.
- Corporate Contracts: B2B revenue through Adagio Business+ program offering contracted corporate partners discounted rates on extended stays (8+ nights) with guaranteed rates, providing predictable revenue streams from business travelers.
- Franchise and Investment Partnerships: Revenue model includes franchising opportunities where developers and hotel owners can join the Adagio network. Adagio provides operational support and brand standards in exchange for franchise fees and shared revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Degressive pricing for extended stays - lower per-night rate for longer bookings |
| Subscription | Annual | Adagio Business+ corporate program with minimum 10% discount for 8+ night stays |
| Subscription | Multi-year contract | Early booking discount up to 25% |
| Unit Pricing | Pay-as-you-go | Family offer - second studio at 50% discount plus free breakfast for children |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Adagio product offering
Product offeringCore offering
Adagio operates Europe's largest aparthotel network with 130+ properties and approximately 14,700 fully equipped apartments across 16 countries. The company rents studio, one-bedroom, and two-bedroom apartments featuring in-room kitchens, combined with hotel services such as 24/7 reception, daily breakfast, and communal workspaces. It sells stays under three brand tiers (Adagio Access, Adagio Original, Adagio Premium), a dedicated B2B corporate program (Adagio Business+), and ancillary services such as breakfast, parking, and laundry.
Product overview
Adagio is Europe's leading aparthotel operator, founded in 2007 as a joint venture between Accor and Pierre & Vacances Center Parcs. The company operates a network of over 130 aparthotels across 16 countries with approximately 14,700 apartments. Adagio offers three distinct product tiers: Adagio Access (budget), Adagio Original (mid-range city center), and Adagio Premium (luxury). Properties feature fully equipped kitchens, communal spaces called Le Cercle, and range from studios to multi-bedroom apartments. The portfolio includes corporate-focused offerings like Adagio Business+, loyalty integration with Accor's ALL program, and a coliving concept at select locations. The company targets both leisure travelers (city breakers, families) and business travelers seeking extended-stay accommodations.
Differentiator
Problem solved
Functional benefit
Brands
- Adagio Original: Mid-range aparthotel brand located in the heart of major cities, offering fully equipped apartments with kitchens and common areas.
- Adagio Access
- Adagio Premium
- Adagio Business+
Products and services
- Adagio Access Budget-friendly aparthotel sub-brand offering affordable accommodations in city centers or periphery locations, with fully equipped kitchens and essential services targeted at smart-stay travelers.
- Adagio Original Mid-range aparthotel sub-brand positioned in the heart of major cities, offering fully equipped apartments with kitchen, workspace, and communal spaces for families, couples, and business travelers.
- Adagio Premium Luxury aparthotel sub-brand offering refined, highly equipped apartments in iconic city locations, providing premium amenities for discerning guests, including features like the FIXIE bicycle-inspired community café at Adagio Premium The Palm.
- Adagio Business+ B2B corporate program offering contracted business partners a minimum 10% discount on stays of 8+ nights across 117 properties in Europe and the UK, with free cancellation, early check-in, and ALL loyalty access, targeted at enterprises with traveling employees on extended assignments.
- Adagio Coliving Coliving concept at Adagio Original Paris Bercy that combines individual apartment living with shared communal spaces and experiences for extended-stay guests.
- Adagio Franchise Program Franchise offering for developers and hotel owners to operate Adagio-branded aparthotels, with Adagio providing operational support, brand standards, training, and distribution in exchange for franchise fees and shared revenue.
Companies that use Adagio
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Adagio technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Adagio partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- AccorcoreAdagio is a joint venture between Accor and Pierre & Vacances Center Parcs. Accor provides global distribution infrastructure, loyalty program (ALL), operational expertise, and brand support. The partnership enables cross-selling through Accor's 5,000+ hotel network and shared technology platforms.
- Pierre & Vacances Center ParcscoreAdagio is a joint venture between Accor and Pierre & Vacances Center Parcs. Pierre & Vacances provides vacation rental expertise, property development knowledge, and operational excellence in the extended-stay segment. The joint venture was created in 2007 and has grown to become Europe's largest aparthotel network.
- Swisspeak ResortsminorPartnership mentioned in Pierre & Vacances-Center Parcs strategic developments. Adagio operates in the Swiss market and this partnership may relate to distribution or co-marketing initiatives in Switzerland.
- Sergic GroupminorPartnership mentioned in Pierre & Vacances-Center Parcs strategic developments. Sergic Group is a French vacation rental and campsite operator, potentially relating to distribution or franchise partnerships.
- maeva&cominorFranchise takeover by maeva&co making it France's largest open-air hospitality franchisor, as mentioned in Pierre & Vacances-Center Parcs results. Related to Adagio's distribution network expansion.
- Air France-KLM (Flying Blue)minorMiles+Points partnership between ALL Accor and Flying Blue loyalty programs allowing members to earn and redeem points across hotels and flights, transfer points to miles and vice versa.
- EuropcarminorPartnership allowing ALL members to earn 3 points per euro spent with Europcar car rentals across 10,000 agencies in 140 countries, enhancing the travel ecosystem integration.
Scale indicators7 records
Recent moves11 records
Expansion highlights4 records
Adagio competitors and assessment
Company assessmentDirect peers
- Staycity Aparthotels: Staycity is one of Europe's largest aparthotel operators with properties across the UK, Ireland, France, Germany, Italy and Spain, directly competing head-to-head with Adagio in the urban extended-stay segment under both mid-range and premium tiers (Staycity Wilde, Staycity Aparthotels).
- Aparthotels Adagio: Subject company — included for completeness as the canonical reference point in the European aparthotel segment against which all other operators are benchmarked.
- Citadines (The Ascott Limited): Citadines is The Ascott Limited's flagship aparthotel/serviced apartment brand operating across Europe, Asia-Pacific and the Middle East. It is the most direct global comparable to Adagio, with a similar apartment-with-hotel-services offering targeting both business and leisure extended-stay travellers.
- Frasers Hospitality: Frasers Hospitality, part of Frasers Property, operates serviced apartments and aparthotels globally under brands including Fraser Suites, Fraser Place and Modena. It directly competes with Adagio in the upper-midscale and luxury aparthotel segment across Europe, Middle East and Asia.
- Quest Apartment Hotels: Quest is the largest aparthotel operator in Australia and has expanded into the UK and select international markets. It offers a comparable apartment-with-services model under a franchise/management structure and is a direct peer to Adagio in the extended-stay segment for business and leisure travellers.
- Adina Apartment Hotels: Adina Apartment Hotels operates upscale apartment-style accommodations across Australia, New Zealand and Europe. It is a direct aparthotel peer to Adagio, offering similar kitchen-equipped studios and apartments targeted at both business and leisure travellers seeking apartment-style comfort with hotel services.
- Oakwood (Oakwood Worldwide): Oakwood operates serviced apartments and aparthotels globally, including a meaningful European portfolio. It serves a similar corporate and leisure extended-stay customer base as Adagio and is a direct competitor in the serviced apartment/aparthotel category.
Broad incumbents
- Residence Inn by Marriott: Residence Inn is Marriott International's extended-stay hotel brand offering studio, one- and two-bedroom suites with kitchens across North America, Europe and select international markets. It is the largest scaled competitor to Adagio globally and overlaps in the corporate extended-stay segment, though distributed under a different brand and asset model.
- Marriott Bonvoy: Marriott Bonvoy is Marriott's global loyalty program integrating Marriott's hotel brands (including Residence Inn, Marriott Executive Apartments, and Element) into a single rewards ecosystem. It is an adjacent competitor to Adagio's Accor ALL integration, competing for the same corporate traveller wallet and loyalty share.
Emerging players
- Limehome: Limehome is a digital-first aparthotel operator in the DACH region and Europe, offering contactless, app-managed apartment accommodations. It represents the emerging digital-native aparthotel model that competes with Adagio in select German and European urban markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Adagio social profiles
Digital presenceAdagio compliance and trust
Trust signalCompliance2 records
Adagio financial estimates
Financial estimateRevenue estimate
Valuation estimate
Adagio leadership team
Management profileNumber of profiles
Profiles12 records
Adagio funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Adagio M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Adagio
What does Adagio do?
Adagio operates Europe's largest aparthotel network with 130+ properties and approximately 14,700 fully equipped apartments across 16 countries. The company rents studio, one-bedroom, and two-bedroom apartments featuring in-room kitchens, combined with hotel services such as 24/7 reception, daily breakfast, and communal workspaces. It sells stays under three brand tiers (Adagio Access, Adagio Original, Adagio Premium), a dedicated B2B corporate program (Adagio Business+), and ancillary services such as breakfast, parking, and laundry.
Is Adagio a public or private company?
Adagio is a private company. It is classified as corporate owned and is currently operating.
When was Adagio founded?
Adagio was founded in 2007. It employs 501 to 1,000 people.
Where is Adagio based?
Adagio is headquartered in Paris, France, in the Europe region.
How does Adagio make money?
Four revenue lines are on record. Accommodation Revenue is the primary driver. The others are ancillary Services, corporate Contracts and franchise and Investment Partnerships.
Who are Adagio's main competitors?
Direct peers on record are Staycity Aparthotels, Aparthotels Adagio, Citadines (The Ascott Limited), Frasers Hospitality, Quest Apartment Hotels, Adina Apartment Hotels and Oakwood (Oakwood Worldwide). Broad incumbents are Residence Inn by Marriott and Marriott Bonvoy. Limehome is listed as an emerging player.
Does Adagio have an API?
No public API is recorded for Adagio.
What industry is Adagio in?
Adagio's product category is Aparthotel Services. Its primary akta.pro industry code is THAGAEAB, Serviced Apartments & Aparthotels, with a secondary code of THAMAFAC, Serviced Extended-Stay Apartments & Aparthotels. Its NAICS code is 7211 and its SIC code is 7000.